Weimar Republic under Stresemann

By: Chan Jun Jie[03]Chew Zheng Yuan[04]

Hung Eu Leon[09]Benny Ng (18)

Lee Sheng Kiat[13]

Background of Stresemann• Name: Gustav Stresemann• Born: 10th May 1878• Death: 3rd October 1929• Birthplace: Berlin• Political Parties:- National Liberal Party(1907-1918)- German Democratic Party(1918)- German People’s Party(1918-1929)

Political background of Stresemann• Appointed Chancellor and Foreign Minister

of a grand coalition government in 1923S• Stresemann remained as Foreign Minister

in the government of his successor,Centrist Wilhelm Marx. He remained foreign minister for the rest of his life in eight successive governments ranging from the centre-right to the centre-left.

• Had many notable achievements as Foreign Minister

Dawes Plan

Objective of Dawes Plan

The main points of The Dawes Plan were:• The Ruhr area was to be evacuated by Allied

occupation troops.• Relied on capital lent to Germany by a

consortium of American investment banks

Results

The plan was accepted by Germany in September 1924. • Provided short-term economic benefits to the

German economy and softened the burdens of war reparations. By stabilizing the currency, it brought increased foreign investments and loans to the German market

Young Plan

Young Plan

• Program for settlement of German reparations debts after World War I written in 1929

• Presented by the committee headed by American Owen D. Young.

• Aimed to ease the reparations burden imposed by the Treaty of Versailles, further reduced the reparations to $8 billion, or 112 billion German Marks.

Locarno Treaty

Locarno Treaty

• Treaty with Britain, France, Italy, and Belgium, signed in October 1925 at Locarno.

• Germany officially recognized the post World War I western border for the first time

• Was guaranteed peace with France• Promised admission to the League of Nations• Evacuation of the last Allied occupation troops

from the Rhineland.

Other Achievements

• Introduction of a new currency called Rentenmark to end hyperinflation